Faeroe Islands Trade Summary

2003 Data

Faeroe Islands exports, imports, tariff by year.

Country / Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports

Products

TRADE SUMMARY FOR Faeroe Islands

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 599
No. Of products: 83
No. Of partners: 44
Importsmore »
Imports (in US$ Mil): 740
No. Of products: 3,721
No. Of partners: 165

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Frozen fish fillets121,687.94
Fresh or chilled Pac ...81,058.48
Cod salted or in bri ...57,693.23
Fish fillets, dried, ...35,142.03
Fresh or chilled had ...28,111.01
Imports (US$ Thousands)
Cruise ships, excurs ...106,155.00
Petroleum oils, etc, ...67,363.56
Fishing vessels and ...65,358.81
Other preparations o ...38,973.71
Other medicaments of ...11,089.08

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Denmark140 23.38
United Kingdom132 21.95
Spain71 11.88
France56 9.35
Germany35 5.92
Exporter Trade (US$ Mil) Partner share(%)
Denmark192 25.94
Norway171 23.17
Germany156 21.10
Sweden33 4.45
United Kingdom26 3.51

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials413 68.99 35 4.74 ...
Intermediate goods96 15.98 70 9.41 ...
Consumer goods69 11.46 327 44.13 ...
Capital goods21 3.58 297 40.11 ...

Trade Indicators

more »
HH Market concentration index: 0.20
Index of export market penetration: 1.42
World Growth: 7.11
Country Growth: 8.40

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): ...
Simple Average (%): ...
Weighted Average (%): ...
Duty Free Imports (US$ Thousand): ...
Duty Free Tariff Lines Share (%): ...

Development Indicators

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GDP (current US$): 1,502
GNI per capita, Atlas method (current US$): ...
Trade Balance (% of GDP): -14.71
Trade Balance (current US$ Mil): -221.00
Trade in services (% of GDP): 14.94
Trade (% of GDP): 108.26